News Releases

Vancouver, Canada – February 13, 2019 – (TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt: LBMB). Dr. Stephen Campbell, CTO at Nano One Materials Corp., is pleased to announce the recent issuance of a patent in China. Nano One now has eleven patents issued around the globe with Chinese patent ZL2014800279145 being directed to improved lithium ion batteries, using cathode materials made by Nano One’s patented process.

“It is a significant
milestone for Nano One to have extended its intellectual
property protection into China,” said Dr. Campbell,
“and this complements a growing portfolio
of patents in Taiwan, Japan, Korea, US and Canada that have been issued, covering process, materials and batteries with an additional 30+ patents
pending in the same jurisdictions including Europe. China is undergoing tremendous growth in lithium
ion batteries and this latest patent serves
us well, both with multinational and Chinese battery interests.”

Nano One’s process differs
from other cathode manufacturing methods because the aqueous process provides
an intimate mixture of lithium, nickel, cobalt and other metal atoms prior to
thermal processing. It does so without having to grind or mill and this can reduce
contamination, shorten time in the furnace, improve crystallinity and enable alternative
feedstocks. The patented process also provides alternative ways to build
performance enhancing elements into the cathode.

Dr. Campbell added “We have an
innovative scientific team at Nano One and our strategy on intellectual
property is to be constantly refining processes and developing enhanced
materials. This adds to our knowledge and intellectual property; strengthening
our relationships with our industry leading partners.”

Nano One Materials Corp.

Dan Blondal, CEO

For
information with respect to Nano One or the contents of this news release,
please contact John Lando (President) at (604) 420-2041 or visit the website
at www.nanoone.ca.

About Nano One

Nano One
Materials Corp (“Nano One” or “the Company”) has developed patented technology
for the low-cost production of high performance lithium ion battery cathode
materials used in electric vehicles, energy storage and consumer electronics.
The processing technology addresses fundamental supply chain constraints by
enabling wider raw materials specifications for use in lithium ion batteries.
The process can be configured for the full range of cathode materials and has
the flexibility to shift with emerging and future battery market trends.

Nano One has
built a pilot plant to demonstrate high volume production and to optimize its
technology across a range of materials. The pilot plant is being funded with
the assistance and support of the Government of Canada through Sustainable
Development Technology Canada (SDTC) and the Automotive Supplier Innovation
Program (ASIP) a program of Innovation, Science and Economic Development Canada
(ISED). Nano One also receives financial support from the National Research
Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s
mission is to establish its patented technology as a leading platform for the
global production of a new generation of battery materials. www.nanoone.ca

Certain information
contained herein may constitute “forward-looking information” under Canadian
securities legislation. Forward-looking information includes, but is not
limited to, the execution of the Company’s plans. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as
‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’,
‘may’, ‘will’, ‘should’, ‘ongoing’, or variations of such words and phrases or
statements that certain actions, events or results “will” occur.
Forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made and they are subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the Company
to be materially different from those expressed or implied by such
forward-looking statements or forward-looking information, including projections
for the global demand for LFP. Although management of the Company has attempted
to identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements or
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements and
forward-looking information. The Company does not undertake to update any
forward-looking statements or forward-looking information that is incorporated
by reference herein, except as required by applicable securities laws.

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